OXEA SELECTS PICASO FOR A GLOBAL SUPPLY CHAIN PLANNING IMPROVEMENT INITIATIVE
Oxo-Chemicals Producer to Achieve High Visibility Over Planning and Production
Philadelphia, PA, USA – September 15, 2008 – Oxea, one of the largest suppliers of oxo-chemical products and olefin derivatives, has selected WAM Systems' Picaso™ Supply Chain Planning Solution for a three year project to strengthen global production, inventory management and operational visibility.
Building upon an existing program which rolled out forecasting to its global operations, Oxea will implement a phased installation to begin in the company’s Oberhausen location, followed closely by sites in Marl, Germany, Bay City, Texas and Bishop Texas.
Among the challenges being addressed by the project are a focus on improved sequencing of production on all batch units, a reduction in all non-optimal shipping and raw materials purchases and improved forecast accuracy.
“We look forward to the increased visibility and functionality that Picaso will provide, particularly in our short term operations,” said Bob Gengelbach, Executive Board Member for Purchasing and Supply Chain. “Picaso will help us improve our operational flexibility, enabling us to more efficiently respond to disruptions with little or no impact to customer service levels or global production. Further, Picaso will extend our planning functionality while fully leveraging our existing ERP investments, critical to the organization as a whole.”
The project is expected to begin by the end of the year with full completion by 2010. Planned Picaso modules include Distribution Replenishment Planning (DRP), Supply Chain Event Monitor, Production Scheduling, Inventory Targeting and Sales and Operations Planning (S&OP).
About OXEA
Oxea is a global supplier of solvents, polyols and oxo derivatives such as carboxylic acids, olefin derivatives and alkylamines. These products are used for the production of high-quality coatings, lubricants, cosmetic and pharmaceutical products, flavorings and fragrances, printing inks and plastics. The company is an international market leader in the production of acetates, alcohols, amines, carboxylic acids and aldehydes. Oxea has annual sales worth about US$ 1.8 billion and employs approximately 1,300 people in Germany (Oberhausen and Marl) and the United States (Bay City and Bishop). Further information about the global Oxea Group is available at
www.oxea-chemicals.com.
About WAM Systems
WAM Systems delivers advanced supply chain planning solutions designed specifically for process manufacturers.
WAM's supply chain solutions are used throughout the global process industry, providing a broad set of visualization, decision support, and optimization tools that address the unique challenges found in managing complex supply chains. The company has an established track record of deploying its supply chain decision support and optimization technologies across a wide variety of process manufacturing markets including polymers, chemicals, CPG, pharmaceuticals, and oil & gas refining.
The company and its worldwide partners also provide a full range of consulting, support, training and implementation services.
Headquartered outside of Philadelphia, WAM's customers include Arkema, Celanese, Chevron Phillips, EvonikDegussa, Eastman, FMC, Honam, Indian Oil, Ineos, LyondellBasell, Kraton, Lonza, Oxea, PetroRabigh, Sasol and Solvay.
For more information on WAM Systems, visit
www.wamsystems.com.
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